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Exceptional investment opportunity generating approximately $60,000 in annual rental income, with outstanding additional income potential. Beyond the existing rental revenue, the stunning barn offers excellent opportunity as a wedding or event venue, showcasing breathtaking mountain views and a beautifully designed setting that creates a memorable backdrop for special occasions. Welcome to this rare and versatile 10.8-acre property, ideally located just minutes from Qualicum Beach with direct access off Highway 4. Offering a unique blend of rural functionality and convenience, this property is perfectly suited for farming, equestrian use, multigenerational living, rental income, or home-based business opportunities. The main residence features 4+ spacious bedrooms and 4 bathrooms, providing ample room for family living and entertaining. This includes a 1-bedroom, 1-bathroom rental suite with a separate entrance. A separate 2-bedroom, 2-bathroom mobile home offers excellent accommodation for extended family, farm help, or additional rental income. At the heart of the property is a brand-new 3,800 sq ft barn with a concrete floor, ideal for livestock, equipment storage, agricultural operations Wedding venue, or other event use. The barn is equipped with on-demand radiant in-floor heating, adding exceptional comfort and functionality. Additional infrastructure includes a 450 sq ft outbuilding, plumbed with a bathroom and ideal for farm product preparation, a 700 sq ft shop, and approximately 1,100 sq ft of hay storage. A smaller 3-stall horse barn further enhances the property’s equestrian and hobby farm appeal. The mostly level, usable acreage offers endless possibilities, whether you envision crops, livestock, horses, events, or simply enjoying the privacy and space of country living. Despite its peaceful rural setting, the property benefits from excellent exposure and accessibility along Highway 4,
Address
981 Pratt Rd
List Price
$1,850,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Parksville/Qualicum
Sub-Area
PQ Errington/Coombs/Hilliers
Bedrooms
6
Bathrooms
4
Floor Area
3,000 Sq. Ft.
Lot Size
473497.2 Sq. Ft.
Lot Size (Acres)
10.87 Ac.
Year Built
1991
MLS® Number
1040318
Listing Brokerage
Easy List Realty
Basement Area
Finished, Full, Walk-Out Access, With Windows
Postal Code
V9K 1W5
Tax Amount
$2,536.00
Tax Year
2025
Features
Baseboard, Breakfast Nook, Ceiling Fan(s), Dining/Living Combo, Dishwasher, Dryer, Hardwood, Heat Pump, Oven/Range Electric, Propane Tank, Range Hood, Refrigerator, Storage, Sump Pump, Tile, Vaulted Ceiling(s), Vinyl, Washer, Water Filters, Wood, Workshop
Amenities
Acreage, Balcony/Deck, Barn(s), Central Location, Cleared, Corner Lot, Easy Access, Fenced, Fencing: Full, Guest Accommodations, Rectangular Lot, Shopping Nearby, Storage Shed, Workshop